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Gadens may drag barristers into negligence case
Professional Negligence 2024-09-18 2:03 pm By Sam Matthews

Gadens may bring concurrent wrongdoer claims against counsel who acted in a case that’s at the centre of a negligence suit agains the firm.

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Keystone administrators win $100M freezing order against developer
Construction 2024-09-18 11:46 pm By Cindy Cameronne

A judge has made freezing orders against Melbourne developer City Built and director Robert Filippini, who allegedly received $160 million in investor funds from Keystone Asset Management.

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High Court upholds rejection of liquidator’s bid for pooling orders
High Court 2024-09-11 11:22 pm By Cindy Cameronne

The High Court has rejected a liquidator’s appeal arguing that two NSW printing press companies’ joint right to sue could be pooled to pay off debts for the entire corporate group.

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Deloitte appointed administrators of Keystone despite ‘baggage’
Financial Services 2024-09-05 11:24 pm By Cindy Cameronne

A judge has ruled that two Deloitte partners can act as administrators for embattled wealth manager Keystone, replacing two voluntary administrators from KordaMentha, despite an alleged risk of conflict due to past work for the company.

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Judge rejects NAB’s bid for class closure in Walton class action
Class Actions 2024-09-03 1:43 pm By Sam Matthews

The judge overseeing an $100 million class action against NAB over the collapse of Walton Construction has rejected the bank’s bid for soft class closure ahead of mediation.

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Sydney developer on hook for $11.2M over role in Plutus blackmail scheme
Tax 2024-08-28 11:38 pm By Cindy Cameronne

A property developer has been ordered to pay $11.2 million to the liquidators of Plutus Payroll after a judge found he helped an employee of the defunct payroll services company “wash” money he blackmailed from the company’s directors.

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HFW lures top litigation, restructuring partners from Johnson Winter Slattery
Business of Law 2024-08-28 10:18 pm By Andy Sidler

HFW has snagged two partners specialising in litigation and restructuring and insolvency from Johnson Winter Slattery, including the firm’s litigation practice group head.

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CFMEU forcibly placed into administration
Employment 2024-08-23 11:03 pm By Sam Matthews

The federal government has taken control of the construction division of the CFMEU and all of its state branches, in an extraordinary move expected to see the replacement of almost 270 elected office bearers.

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Rex Airlines awarded more time to search for buyer
Restructuring & Insolvency 2024-08-23 11:13 pm By Andy Sidler

Collapsed regional carrier Rex Airlines has won extra time before holding its second creditors meeting, as administrators continue their search for a buyer which would ensure a better deal for the airline’s tens of thousands of creditors.

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iProsperity liquidators can prioritise $62.5M claims against Crown, Star: Full Court
Restructuring & Insolvency 2024-08-19 11:59 pm By Cindy Cameronne

The former general manager of iProsperity has lost his challenge to the collapsed fund manager’s liquidators getting more time to investigate $18 million in payments he received, with the Full Court finding they were not wrong to prioritise investigations into $62.5 million in payments to Crown and The Star.

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